Test your knowledge of double entry bookkeeping with our cost volume profit analysis quiz.
Cost volume profit analysis shows the effect of changes in costs and volume on the profit of a business. It is used as a management tool to make decisions about matters such as selling prices, break even sales levels and best use of production facilities.
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Try Another Double Entry Bookkeeping Quiz
This cost volume profit quiz is one of many of our online quizzes which are used to test your knowledge of double entry bookkeeping, discover another at the links below.
- Quiz 8: Credit and Debit Quiz
- Quiz 36: Basic Accounting Equation Quiz
- Quiz 33: Adjusting Entries Quiz
- Quiz 13: Balance Sheet or Income Statement Quiz
About the Author
Chartered accountant Michael Brown is the founder and CEO of Double Entry Bookkeeping. He has worked as an accountant and consultant for more than 25 years in all types of industries. He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a BSc from Loughborough University.